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Climate@slrpnk.netEnglish · 2 months ago

Denmark's CCS Strategy: Deliver or Pay

industrydecarbonization.com

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Denmark's CCS Strategy: Deliver or Pay

industrydecarbonization.com

hanno@lemmy.world to

Climate@slrpnk.netEnglish · 2 months ago

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In recent years, Denmark pushed CCS technology and ran multiple tenders handing out substantial subsidies. But they came with a catch: either deliver on time or risk hefty penalties. What can be learned from the experiences in Denmark?

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2 months ago
Let’s also keep in mind what the IPCC warns us about, in relation to Carbon Dioxide Removal (CDR):

CDR deployed at scale is unproven, and reliance on such technology is a major risk in the ability to limit warming to 1.5°C

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